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Showing 111 - 120 of 257 results for %22Labor Party%22

US fiduciary reforms will rock pension funds

ALEX DUNNIN  |  THURSDAY, 5 MAR 2015
... will rock the retirement fund sector. The proposal for a fiduciary advice standard is being pushed by the US Department of Labor (DOL) in its authority overseeing occupational retirement funds subject to the ERISA legislation. Lisa Bleier, managing director ...

Privatisation backlash derails infra investing

ALEX BURKE  |  MONDAY, 23 FEB 2015
... term - despite them having won one of the most commanding electoral victories in Australian history just three years ago. Labor's shock victory in Queensland follows its return to power in Victoria after only one term in opposition, and now the issue ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... Senate Economics Committee issued a report that was broadly supportive of the Coalition's proposed amendments. But both Labor and the Greens dissented. Over the next few months, tension rose between those in favour of and against the amendments. In late ...

Cormann to keep up the FoFA fight

ALICE URIBE  |  THURSDAY, 20 NOV 2014
... why good public policy reform in this area is important in the public interest and in the consumers interests." Last night Labor was successful in its attempts to disallow the government's changes to the FoFA legislation. At the final hour Palmer United ...

Industry furious at financial advice swap

AAP & ALICE URIBE  |  THURSDAY, 20 NOV 2014
... services industry responded with ire after the Future of Financial Advice (FoFA) laws were demolished in the Senate overnight. Labor, the Greens and four crossbenchers, including Palmer United Party's Jacqui Lambie, argued the Coalition's proposed changes ...

FoFA disallowance could put industry into breach of law

LAURA MILLAN  |  WEDNESDAY, 19 NOV 2014
A Senate alliance between Labor, the Greens and three crossbench Senators has pushed for a motion to disallow the Coalition's proposed changes to the Future of Financial Advice (FoFA) legislation in a move that could put the industry immediately into ...

Labor considers ban on insurance commissions

LAURA MILLAN  |  TUESDAY, 14 OCT 2014
The Labor Party will consider introducing a ban on life insurance adviser commissions into its policy platform in response to last week's damning report on life risk advice from the Australian Securities and Investments Commission (ASIC). Speaking at ...

Coalition secures PUP support on FoFA vote

LAURA MILLAN  |  THURSDAY, 2 OCT 2014
The Coalition defeated a Labor motion to disallow the changes to the Future of Financial Advice (FoFA) legislation after it secured the support from Palmer United Party (PUP) and other crossbench Senators. Labor Senator Sam Dastiary's attempt to disallow ...

Hockey accuses Labor of making "a mess" of FoFA

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
Treasurer Joe Hockey has lambasted the Labor party for "complaining about its own laws" and making "such a mess of the entire crisis of financial advice." Hockey accused Shadow Treasurer Chris Bowen of being "too busy in engaging with unfair dismissal ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
Labor and the Greens have asked the government to postpone again the vote on the changes to the Future of Financial Advice (FoFA) legislation until the Financial System Inquiry (FSI) releases its conclusions. "Labor Senators urge the government to withdraw ...